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FOX Business
Oct 8, 2012 5:00pm EDT
for the environment? specifically, twice as bad as traditional cars? a shocking new study says they may not be so green after all. even when they say it's not, it is always about money melissa: let's take a look at the day's market headlines. investors staying cautious before tomorrow's earnings season kickoff with alcoa. summit between eu finance ministers brought modest declines to stocks. stocks closed down 26 points. shares of apple fell more than 2%. there are report that is a weekend strike broke out at a foxconn factory in china, a major a sembler in china. foxconn is denying the report. they have had major problems. >>> netflix shares surged more than 10% on the news closing at highest price since july. >>> our top story tonight, gas prices in california hitting another all-time high. now they have reached a record breaking $4.67 an average but some stations are charging close to 7 bucks. now get this. police are dealing with gas thieves stealing from stations. is there any end in sight? fox news's adam housley is live in los angeles with more. adam, what is going on out there in californ
FOX Business
Oct 3, 2012 4:00pm EDT
, there is nothing positive, the environment, like the stock market, you have an environment that is positive. it goes up. so much is based on psychology. the environment in the business world is not positive. the environment that comes out of washington is all negative. and, i can't say we make decisions based upon tax codes. in our business, we're in a business of opportunity. i say we have three under construction because this environment creates opportunities. if you have some cash. landlords are willing to take a lesser rent if you will. employment is available because people aren't working. there are, out of the nonworking a bunch of that really do want to work and kacht find jobs. i can't say everybody that doesn't work wants to work. those opportunities present themselves we move forward. >> president will say he has cut taxes for small businesses. i what do you say to that? >> absolutely not. he can say whatever he wants to say. it is all very, patronizing the electorate. lauren: yeah. >> unfortunately this election on both sides very honestly there is a lot of credibility gaps. i wo
FOX Business
Oct 9, 2012 5:00pm EDT
. plus it is dirty, filthy gas to the rescue. california will pollute the environment to bring down crippling gas prices. no bicycles and car pools for them. we'll break it all down. >>> how far would you go to earn a buck? not even a host passing out on air can stop qvc from making a sale. we've got the video and the details. even when they say it's not, it is always about money melissa: first let's look at the today's market headlines a grim imf forecast for the global economy sent stocks sliding down 110 points. nasdaq was the day's biggest loser posting its largest loss since june 25th. earnings season starts off on a good foot. alcoa beat estimates on top and bottom line. shares are getting a nice pop after-hours. >>> government is filing a civil suit against wells fargo. they are accused of reckless behavior issuing federally backed loans. shares of wells fargo fell nearly 2%. >>> all right, our top story today, german chancellor angela merkel arrived in greece today and was met with massive protests. some greeks even dressed as nazis to mock the german leader that is so nice.
CNBC
Oct 8, 2012 5:00pm EDT
to be focusing on how efficiently they run their business, not necessarily the global environment. i don't think things are ter anybody aluminum. i agree with pete. i don't think this is a tell across the industrial space. i think reasons to be excited about what is going on in aluminum but alcoa is not the name we are going to be doing cartwheels for. >> your girl. >> my girl. times i cartwheeled for her. >> move on to shares of am, they fell today, once again park the stock is down 9% since the sale of the iphone 5 s it fundamentals or maybe something else investors should be watching now joining us with the technical break down is chris verrone, head of technical analyst at strat teen jesse research partners. good to see you. >> good to be here. >> is it, in fact, a technical break down we are seeing crossing below the 50-day moving average? >> a pause or a risk. this is a stock leadership basically all year. we look at relative strength charts or what is done the last couple of weeks, it is certainly in that pause camp or that rest camp. breaking through that 640 level probably not the backd
FOX Business
Oct 3, 2012 3:00pm EDT
on renewables and it felt right to apply it to the environment which contributes 40% of emissions. ashley: how has it gone since early days? >> it has been a great lesson to join a startup company. we have gone the successful fund-raisers and to do it in a tough economic environment helped prove we need to be resilience and continually get the cost down and get buildings up faster and drive up that as that. is exciting to see large health-care companies and others adopting it. ashley: what is the average cost of the buildings? >> hard to say. education costs different from medical facilities but the key thing is right now the traditional construction project only 20% of what gets put into the final building price point why is material. 40% is a risk and overhead. we want to reverse that equation. we are more like boeing. quality manufacturing and the attitude is if bowling can assemble a 737 in a matter of days why does it take 24 months to get health care clinic? ashley: how these structures come? i they and flat pack can you put it together? >> precisely. they're so important to us because t
SFGTV2
Oct 1, 2012 5:00pm PDT
to the environment as hair dyes get into the waterway and food even if we don't get our hair dyed. our skin should be lighter and darkers, smoother, lips plumper, these companies have so much power over our minds, public space and sense of self as they continue to expose us to chemicals even though safer alternatives are available. we have the power. we have the power to decide which products we put on our body and which companies we support with our money. that is actually a real power that can feel very very good when you start to take advantage of it. ahrolt a lot of this information is scary and real. i tell people, i do get to the good news around chapter 10. there is a lot of good news to share. i have heard so many amazing stories along the way. 30 cities in 13 states. 3,000 people come out to these talks. there is just an amazing energy. and so many just wonderful store reus about people engaging in this work, people who have been to skin deep and start their own company or change their major. people making radical decisions about their own personal life styles. i like to tell this story
CNBC
Oct 3, 2012 4:00am EDT
environment saying it's challenging and reported a drop in its first half net profit. it was really dragged down by some sluggish sales numbers. it's got a cost of one billion pounds. the company trying to fix its domestic operations, investing in stores, people and products. the online department has been a huge push. the contrast has been -- you can see the varying performances of these two stocks in the trading session today. its numberns coming in fairly well. this is the third biggest supermarket chain here in the uk. take a look at the spike in the airline. it's certainly making some strong inroads out there. raised its profit guidance. it's also reported a boost in strong demand from some of the european beach roots from london, so it's been using the flights to fly into some of those little nations. it seems as though the pursestrings for holiday travelers has certainly being loosened a little bit. let's take a look at what's playing out on debt markets today across the charts. you see prices are moving high. we're still seeing below the 1.5% level. the constant question mark surrou
FOX Business
Oct 8, 2012 1:00pm EDT
, a few pennies better. that is $100 a year. operating earnings from the s&p in an environment where the long-term u.s. government reference riskless rate is under 2%. that is a bargain. melissa: i was interested to see the latest trading volumes. you are talking about the average investor walking away. in august, it was down 37%. that is year over year. that is compared to last august. when we see that the markets are up 9% for the year, i wonder if the individual investor is walking away from returns? >> i think so, melissa. the investing class is still undergoing dramatic shock and recovery from it. that is why all of these bond flows continue to go into funds and those fund managers have to go by treasuries at 1.6-1.7 because they have to do something to put it to work. if you believe that interest rates are going to be low for a number of years, and i do, i believe bernanke will do what he says, then stock prices are headed higher. maybe much higher. lori: isn't it a problem then that the fed is manipulating the stock market? therefore, do you have to be a little bit cautious th
CNBC
Oct 9, 2012 5:00pm EDT
seem to be good? >> the one thing not priced is better earnings and a better economic environment. everybody that you talk about is doom and gloom. the economic numbers have not been that great. so certainly some of it is justified. today was a very interesting day because the whole rally from the 2009 lows up until now has been driven by this push and pull between policy and economics and/or fundamentals rchlt today we had a policy response in kmien china and economic fundamentals and today the imf chose economic fundamentals which to me is a warning sign. it is not a place you want to go in all short. it is a warning sign. >> you were actually right. you were bullish from the 1400 level up to 1474. you are saying lock in profits? >> i would say absolutely lock in profits. i think you need to watch for the risk that the market has changed its stripes a little bit. i'm not all in turning bearish. >> what about a clf? what about a name like that where so much of the conversation has been about iron ore. prices seemed to have bottled but clf hasn't reacted to that. seems like you ha
FOX News
Oct 8, 2012 6:00pm PDT
, entertainment, and politics. literally now you have a global environment where people have access to campaign websites and an environment where campaigns are literally spitting out email solicitations and using social media to solicit campaign donations from people around the world. the question becomes in that kind of environment, do these campaigns actually have security on the back end to make sure that these donations are not taken -- >> sean: the obama campaign has a campaign store. on the campaign store they use a standard security tool, but on the obama campaign donation website they do not have the standard security code. explain that. >> you've heard of voter fraud? this is donor fraud. they have a massive apparatus that goes from social media to digit mining to fundraising. what they've done, they've got every tool available, standard tools they could use to check if you want to buy a mug, but what they do is drive you right to their website, everybody to their donate page, and they have no security at all. they use security in such a limited with a that -- >> sean: what do we know
CNBC
Oct 3, 2012 12:00pm EDT
the environment that we have right now that's unfavorable for investors. take i think the exchanges it the right thing. they quickly canceled the trades that needed to be canceled. but let's understand these are exchanges that are making money in this environment, they're paying rebates to co-locate. i think the conversation begins with the exchanges themselves. >> but where is the liquidity in the marketplace? i'm not defending high frequency, but a lot of stuff is in these dark pools. i was talking with an nyse rep. where is all the liquidity that we talked about? where are the people that own these stocks? where are the top ten holders? everyone is so concerned about anonymity, they don't want to show whatever they have. >> you know what the problem srk the sorry will be written that the rules worked in this case. the problem is we don't know what caused this and we don't know what caused almost every other incident that has happened in the market over the last several years. >> it's called top of book protection. you don't get to trade against it. so if that bid is only there for 100 shares,
PBS
Oct 2, 2012 6:00pm EDT
. we realize politicians don't create job but at least enhancing the environment that can create jobs. >> brown: do you think there's much enthusiasm? >> as a conservative i am much more enthusiastic about mitt romney than i was john mccain. i thought john mccain was just an extension of george bush. we had had enough of that. >> brown: but polls show enthusiasm remains a question mark here for mitt romney and for the president. he also has to worry about criticism from his left. people like duke economics professor william garretty who cites the almost one in five blacks out of work here and says the president simply hasn't done enough to help. >> that's pretty staggering actually. i mean, we're approaching the kinds of unemployment rates that existed in the united states at the height of the great depression. in the african-american community in north carolina. >> brown: he has decided to sit out the presidential vote >> i'm going to vote for the other offices on the ballot but i'm just not going to cast a vote for the presidency >> brown: you're not? no brown: you feel okay i feel
CSPAN
Oct 2, 2012 12:00pm EDT
compromise with the enemy. it is not going to happen. it is a terrible environment for the big deal that needs to get done. so acknowledge the reality. let's do the deal in 2013 but let's not cause a recession. basically just extend current policy to the extent policy and hope we get 2013 intact. that is my goal. >> doug, let me throw out a theory to get your reaction. the theory is this. that as long as the discussion about tax reform is an ongoing argument about the bush tax cuts -- >> i'm so tired of the bush tax cuts i can barely stand it. >> i think most people would agree. >> they have been talked about for 10 years? can we talk about something else? >> that is exactly the point. as long as you have extended the bush tax cuts, as donald said, only half of this is about the bush tax cuts. >> right. >> but in the public discussion it is the bush tax cuts. so as long as you extend them, can you get out of that debate? conversely if you let them all go. >>, does that change the framing of this we're no longer talking about the bush tax cuts, we're just talking about the tax code a
FOX Business
Oct 5, 2012 3:00pm EDT
can be. liz: how do you deal with the low interest-rate environment or refinancing loans and losing a couple basis points on every loan? >> it is true this extended low-interest rate environment is not favorable to bank earnings. liz: ben bernanke ordeal with it? >> i can also understand his position that stimulus hit the economy. it is good for bar worse to have low interest rates and now we have lower rates from short to long it is easier to borrow or give people reasons to borrow so last time we checked we made money when people borrow loans. it is good for us but it does shrink the spread on our loans. that is why you have to be cost-effective, acquiring good clients and looking at how to generate more business. liz: they expects fourth quarter loan growth? >> as we have talked about it we continue to see among our commercial clients that they continue to borrow and acquiring competitors and investing in business and doing things commensurate with an industry that returned to profitability. they are not hiring which is part of why we talk with ben bernanke about q e 3 and the th
PBS
Oct 8, 2012 4:30pm PDT
know what the economic environment is here in the states and globally. so you just cannot have high expectations. and if you have a good surprise, let's say overall earnings rather than the 2.4% let's say earnings are up, 2 to 5%, you know s that really a big surprise? i'm not really sure it is. because you are still pretty close to 0. and nobody is expecting the economy to really accelerate over the course of the next couple of quarters. >> susie: all right so, what is going to be driving investment strategy over the coming weeks and months? is it going to be the earnings or is it going to be more of the big economic picture and the elections? >> how does this play out in the markets. >> well, i am a top down guy. so i want to know what the global economy is doing. i want to know what the u.s. economy is doing. in my mind, we're going to be in this modest growth, modest inflation environment for a while. i mean at least through 2013. but i think it is going to be positive. i think the types of sectors that we're looking at are the ones that are really going it to be sensitive to a
WHUT
Oct 4, 2012 9:00am EDT
to encouraging stewardship of the environment, land conservation, watershed protection and eliminating harmful chemicals. additional funding provided by: the colcom foundation, the wallace genetic foundation, and by the charles a. frueauff foundation. this week on to the contrary: first, little girls and big guns. then, bias against women in science. behind the headlines: bpa, a chemical used in plastic that's everywhere and raising health concerns. >> hello, i'm bonnie erbe. welcome to to the contrary, a discussion of news and social trends from diverse perspectives. up first, tweeting firestorm. gop vice presidential candidate paul ryan generated controversy this week when he stopped off from his campaign to buy hunting gear for his 10-year-old daughter. the avid hunter said his daughter is ready to go hunting for the first time. he bought her a rifle for christmas last year. ryan fans banded together on twitter to show their second amendment support by posting pictures of their daughters shooting all types of guns, ranging from pistols to semi-automatic weapons. the informal girls with gu
CNBC
Oct 8, 2012 4:00am EDT
of the deloitte cfo service. they were asked what their views are on the current operating environment. joining us with more, chief economist at deloitte. good to see you. i suppose we had a record second quarter of declines. >> confidence went through the floor back in june on the result of what's going on in the euro area. you've seen a bit of a bounce. risk appetite up is bit so i think cfos are looking at the same things the equity markets are looking at, qe-3 in the states, ecb bond buying. but the interesting thing is the underlying stock support is getting rather more defensive, they're more focused on cash. if respect. >> so what can he can to in terms of laying confidence?f re >> so what can he can to in terms of laying confidence?espe >> so what can he can to in terms of laying confidence?ct. >> so what can he can to in terms of laying confidence?. >> so what can he can to in terms of laying confidence? >> so what can he can to in terms of laying confidence? >> a lot of concerns relate to things outside the uk, in particular the weakness of the euro area, uncertainty. so there are things
CNBC
Oct 9, 2012 12:00pm EDT
balance sheets are, you still have a certain amount of uncertainty and in this environment voss will lock in profits and take time to relax and reassess the environment. you have elections, fiscal cliff, the eurozone uncertainty and in that type of environment it is a case of i know things are strong when i get out and look to get back in later on. >> josh brown, what do you do with apple here? do you use the pullback as substantial as it has been, 10% from a peak at the end of september? do you use it as a buying opportunity or a flag in your face that says i have got real reason to worry here? >> i would caution anyone who is booking a funeral home for the final passage of the apple story. i think that's a little premature. technically speaking, we have big volume coming to google and apple and it is the same funds that own both these stocks. nobody should be surprised there is a dip at the beginning of the quarter. i think when have you a quarter where stocks out perform bonds to such a massive degree which is clearly what we saw here, you are going to see people rebalance out of equit
CNBC
Oct 9, 2012 4:00pm EDT
clients, the environment you want to stay is diversified as possible. i think this last quarter was a great example of that. europe, everybody looks at the negative in europe, yet it was a good place to be. spread your bets out right now. >> so do you expect that we are at this point going to see pretty good guidance, tough guidance? what about that guidance that you're looking for in. >> yeah, i think that's going to be the big question here. i think today's a great example of that. you have alcoa, the traditional capital goods manufacturing cyclical versus a yum brands, which is going to tell you maybe how the global consumer is doing. even the guidance we're going to get today may very well set the tone for what kind of messaging we get this earnings season. >> i want to tell you that alcoa is out three cents a share, actual earnings. expecting a flat showing. so it looks like it's better than expected. we are looking at a pop in the stock as these numbers are released. of course, we want to get more details on the quarter. revenue coming in at $5.8 billion versus an estimate
CSPAN
Oct 7, 2012 1:25am EDT
at the international trading environment and worry about that. this is the answer to your question. a world and which the united states is strong but all of the institutions is eroding is not a world of 2011. the united states has an interest in trying its best to shore up institutions. >> this is great. >> get set to run it, john. >> a couple of quick points. my thesis is not the institutions are independent. they are instruments of power. they are used to signal limits on power. power is never divorce from institution. a venture that regard, i idea that the united states has been so brilliant for half a century or longer because, it has allowed it to make the power more durable and expensive but also making it more delimited and less based on arbitrary use of power and the most traditional sense. there are a vehemence of republican allow for the state to be more influential by allowing it to signal its own strength. a couple of more point about this. my underlying argument is that we are shifting from one organized around trilateral world, the u.s. rip germany, japan, the kind of trilateral system.
CNBC
Oct 2, 2012 4:00am EDT
and retail business are rising. and also in some lines of the industrial business. so the overall environment for the insurance industry is very good. your free float is about 20%. will you stop here for a while or will you raise money in the future? >> we'll raise money in the future, however, not for the next 24 months. we are sufficiently capitalized now after this ipo on for the next 24 months, but there will be further capital increases in the future. this is just our first step in to becoming a listed insurance company. >> all right. and just give us your view where we stand at the moment with the world economy. because it's interesting where you're looking at your operations. eurozone still in the grips of recession or low growth, weaker growth in asia. just give us your sense of how you view the world and how it transfers back into your business. >> i'm 100% sure that the euro will survive. the euro is instrumental for the future of europe. the emerging market particularly in brazil and mexico are very interesting growing markets for the future. and also the middle and eastern europea
FOX Business
Oct 8, 2012 11:00am EDT
environment. i don't think it's a sure thing we're going to have a continued recovery, but i think the chances are that we will keep going. connell: martin, thank you again for always coming on us with. dr. martin bailey with us from d.c. thank you, sir. >> thank you. dagen: california gasoline prices hitting another new record high for the state today. $4.66 a gallon. that is up 86 cents from one year ago. and california's governor jerry brown taking emergency action as the state's prices have become -- well, they are the highest in the nation. connell: they certainly are. we go right now with fox news correspondent adam housely in l.a. with the latest. >> dagen and connell, you mentioned 4.66 a gallon or so, you would be hard-pressed to find that price in much of los angeles. in fact right here behind me you can see this gas station 4.99 for regular, 5.19 for premium. just down the street, the gas there is 5.39 for regular unleaded. across los angeles, in fact, i drove down the state yesterday from northern california to southern california, no matter where you drive, you're finding gas pric
WHUT
Oct 3, 2012 7:30am EDT
in international business. they want to help japanese firms survive competition in global environment. professionals with experience working overseas will teach business skills once a week through january. the instructors come from 12 companies in various industries including finance, chemical, and automotive. one worked for a leading chemical firm. he gave advice based on over 20 years of experience working in the u.s. he told students to stand firm and believe in themselves instead of relying on foreign koun counterparts to lead the way. >> translator: i want to be someone who has both a global and local perspective. i want to be confident in knowing what i'm capable of. >> translator: japan has experienced two lost decades of growth. we think if students can create a new path to the future, the country will be able to grow again. >>> a japanese film director returned from the prestigious toronto international film festival with an award in hand. he directed "the land of hope." it was inspired by the nuclear disaster in fukushima. he tells the story of an accident that devastates re
WHUT
Oct 9, 2012 7:00am EDT
. and yet the military remains an important actor in the north korean political environment, and i think what we're seeing is a government seeking to assure its key constituents and to send a signal to the outside world in the face of what they consider pressure from the south and the government is strong and the national security of the north korea the safe. >> it's given that the south has only increased its missile capacity. >> absolutely. and i think we need to trecks last few months have been very tense on the korean peninsula, and there's been no love lost and the outgoing president is seen as someone who is hostile to the north and that certainly is how the knot paints him. this is very much a political gang waiting for the political senses of december and north koreans are not going to give an inch until they see the new president taking over in january. but for now, as you say, they have every reason to take a tough stance. >> thank you for your time on gmt. let's take a look at some of the other stories making hirnes around the world today. mexican authorities say the leader of
FOX
Oct 3, 2012 6:00pm EDT
and took the picture. >> and he is the character. >> reporter: she captured him in an art environment. >> it's offensive and that is showing what people are talking about. >> reporter: she returns the finished painting to the place she met the person and a colleague spotlighted it. >> someone dropped off the painting and looked like me. >> reporter: the portraits are popping up all over up to and one is leaping off of a dumpster on connecticut avenue. >> i'm still there. >> i'm attracted to what is on outside of the museum. >> reporter: each has a sign. >> if this is a view, this painting is yours to take. if you're the guy in the painting, it's free. >> that is right. all of this richness in color ask is free to the person in the painting. >> will the people i painted be able to find them? >> especially a person like this, a is have aer who doesn't come often. the one time he was doing the work here and never comes back here and doesn't know this is here. >> reporter: she leaves cards like this one at each painting and to educated the public about what she's doing. there has been som
CNBC
Oct 3, 2012 5:00pm EDT
in this environment. let me take the other side and say we have global quantitative easing. wouldn't it be better doing what the central banks are doing and getting the capital appreciation? >> we don't disagree. certainly we want to be in line with what the central banks are doing. if the treasury bond is buying treasuries it is good to be a treasury holder. what is going to happen when the central bank buying turns off? we think stocks are going to be well positioned in a modern inflation environment. and the bigger risk, deflation is a very probability. a bigger risk is higher inflation in the future in which case cash and bonds do poorly. we need to be in gold and commodities and real assets. we are building our portfolios to reflect the probability of these different destinations. our biggest scenario is one of moderate inflation and equity should be the class to hold. >> i want to go to two more of your picks. logitech and aia. that is not a name we usually talk about. what is the thesis here? >> it is not a sexy name. people don't think about mice and keyboards and speakers as being sexy.
CNN
Oct 7, 2012 10:00am PDT
. the environment has gotten such a got you environment that even the politicians themselves and regulators have to do their business with one eye over the shoulders for fear of being dragged into some congressional committee or they'll be exposed for having to talk to leaders. so i think this idea of working together, i think in order to allow people to work together, there has to be a little bit of a letup. another thing is you can't kill people if everything doesn't work out perfectly. who the heck is going to take the jobs in business and government. you'll always get people that want to be ceo and senator and cabinet secretaries, but it might not be the people you want if you make it so punishing for them to take the job and unsustainable to be in the job because who gets it right all the time? >> that's actually an important distinction. john chambers and i were talking about it. in business, you take risks. some of them work out. some of them don't. in government, it's very difficult to take risks because if something goes badly, you're going to get pilloried for it. there's no particular
CSPAN
Oct 3, 2012 10:30pm EDT
partisan environment in the state of massachusetts. if you look at president obama's record, he has a record of not being able to work well in a partisan environment. we will have to work together to get things done and my vote will go to mitt romney because he has a record of being able to do something just like that. >> thank you so much. in addition to posting your comments and we already have a lot of them on the debate, more than 1200 comments have come in on tonight's first debate, we also now have it all up there, which is a simple "who won?" let's take a look at how things stand right now. my technology is not working. we will come back after this call. it is from abilene in illinois. >> i thought both candidates did a good job. i was a little more impressed with the president. because of that, i am getting off the fence and going with the president. i think the moderator could have exercised more control. he let romney cut in and takeover more than he should have. i found obama to be more believable and i feel that he has prevailed in spite of the legislature. the objective
ABC
Oct 6, 2012 6:00am PDT
is californians generally love their environment and don't want to have facilities that they perceive to be degrading that environment. on the other hand, they want to have cheap gas. so this is a conflict. >> there is no timeline to make a decision on that state aware waiver. state regulators have had the request for three days. abc7 news. >> trouble in china for apple's new i-phone 5. thousands are workers are on strike over strict working conditions. a live look out from our roof cam. a gorgeous, fantastic day coming up for the blue angels and everything here you go little man. [ humming ] [ babbling ] the cheerios bandit got you again? [ both laugh ] ♪ the one and only, cheerios ...and now... you! [ giggles ] ♪ the one and only, cheerios on their own are amazing, but press out some biscuit dough, add some sauce and some pepperoni and cheese and monday's dinner is now a grands mini pizza party. pillsbury grands biscuits. let the making begin. that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster str
ABC
Oct 6, 2012 8:00am PDT
. >> the difficulty that californians love their environment. they don't want to have facilities that they perceive to be degrading that environment. on the other hand, they want to have cheap gas. this is conflict. >> reporter: there is no time line to make a decision on that state waiver. state regulators have had the request now for three days. >> terry: we are following developing news out of new jersey right now. at least a dozen people are recovering after the bus they were riding overturned on an interstate. authorities say about 60 people including several children were on board when the bus flipped over onto its side in wayne, new jersey. they have removed all the passengers. three people have been taken to the hospital with non life-threatening injuries. it's not clear what caused the fwougs overturn. >> troubles in china for apple's new iphone 5. thousands are on strike over strict working conditions. we wanted to take a live look outside -- another great picture. we can't find a bad picture. they are all gorgeous this morning and what a day for san francisco. we got the partly cloudy bu
MSNBC
Oct 2, 2012 5:00pm PDT
from the romney campaign. there's a lot of target-rich environment for president obama. what about this tax plan. is president obama obligated to supporters to point out to them that this is flawed? what do you think? >> i think the moderators are going e to ask governor romney about a lot of the things that you just talked about. i hope the moderator gives governor romney a chance to do what paul ryan said he didn't have time to do and that is explain how they pay for a $5 trillion tax cut. as you pointed out, ed, it is a time problem that is vexing in this budget. it's a math problem. they can't pay for it. if they can't pay for it, then they are going to raise taxes on the middle class. that's what the economic studies have shown. and look, i don't know anybody who thinks we're another tax cut for a millionaire away from a stronger middle class. that's just not how we have built our economy before and it's not how we're going to continue to make our country strong now. >> will president obama confront romney on these issues or rely on the debate moderator to do it? how aggressiv
CSPAN
Oct 5, 2012 9:00am EDT
attention from getting with its own internal problems to try to confront a more hostile external environment. so continuing to engage, having confining areas of cooperation in areas of energy, the development, for instance, mess nuclear simple energy program under way. we are already cooperate with the chinese. find these areas, keep our markets open, but don't create a more hostile external environment that is absolutely essential. very important we keep the balance. there's a fine line between balance and provocation to we want to stay well on the side of balance of constructive environment spent dr. kissinger, i was surprised to hear you say that the comments made by both candidates used the term extreme deplorable leverage about china. i know you endorsed mitt romney. have you had that conversation with him? have you said i find your conversation really deplorable? ass. >> i see the advertisements of the two candidates every day are competing with each other on how to deal with the cheating things with china, and both of you cheat as applied to china. >> and trade. >> and trade. and it m
CSPAN
Oct 1, 2012 11:00pm EDT
and reinvent the rule naps is because we are in a very different work environment technology is making older jobs outdate faster and spin off new jobs. and they each one requires more education. and i just think if we're going it i think america is a huge advantage in the world. because the i think the world is going to be divided going forward between high imagination and enabling countries and low imagination enabling country. rethe highest imagination enabling country in the world. if you have spark of an idea you can go to delta in taiwan they'll design it. they'll get you a cheap chinese manufacture. amazon will gift wrap it for christmas. free lancer get the logo. they are commodities except this. that's no country that does better. the problem with this though, the days will ford will move to your job with 25,000 person factory is over. it's 2500 people and a lot of robots and you know the old joke, the modern factory of the future is two employees, a man and the dog. the man is there to feed the dog and the dog there to keep the man away from the machines. generating 12 million nor j
CSPAN
Oct 7, 2012 2:00pm EDT
you reconcile that with your voting record? >> i have a very strong record on the environment in the united states senate. [laughter] i have a record where i voted for the superfund legislation. i have a record where i voted against my president on the override of the clean water act. i have voted for the major pieces of environmental legislation that have come down and been voted on in the united states senate. this administration and i support this administration and its environmental efforts has moved in the area for the first time to deal with the ozone problem. we now have an international treaty, the treaty that is commonly referred to as the montreal treaty. for the first time we are talking about the impact of co2 to the ozone layer. that's progress with the environment. we are committed to the environment. i take my children hiking and fishing, walking in the woods, in the wilderness. believe me, we have a commit to preserving the environment. you bring up the environment, you can't help but think about the environmental policy of the governor of massachusetts. he tal
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